Thursday, January 8, 2009

My article this week is about how the company Aluminum giant Alcoa (AA, Fortune 500), is about to cut 13% of their workforce. This will make it from $900 million to $950 million extra for the company. Some other companies that are cutting people are Macy's and American Eagle.
Here is a link to the article.
http://money.cnn.com/2009/01/08/markets/thebuzz/index.htm?postversion=2009010811

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